OK, one of the sponsors I use is in Australia and I am in the United States. They wire transfer me money each month. They say that they don't send out 1099's, and they don't report to the IRS how much money they send me each year.
They probably sent me something like $8,000 last year. How do you guys in the U.S. handle it when you get paid by someone in another country and they aren't reporting it? Is it under the table or what? Should I report it even though the IRS apparantly will never find out?
Yes they have my social security number on file, but they said it's just because the software they use for the signup process has a field for it, and they don't do anything with it.
They probably sent me something like $8,000 last year. How do you guys in the U.S. handle it when you get paid by someone in another country and they aren't reporting it? Is it under the table or what? Should I report it even though the IRS apparantly will never find out?
Yes they have my social security number on file, but they said it's just because the software they use for the signup process has a field for it, and they don't do anything with it.
Comment